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05/28/2013

Deep Space Industries, on the other hand, is a lesser known creature. Heading the company is David Gump, a space industry expert with previous experience handling multi-million dollar NASA contracts. Gump hopes to begin prospecting for asteroids as soon as 2015, and the company has said that by 2020 it will begin commercial operations to produce material to be used in space.

That is, however, Online EducationFree insurance info a significant problem. A 2011 report by the Keck Institute for Space Studies concluded that more than $2.5 billion would need to be spent to retrieve just a single 500-ton asteroid.

Despite all the issues it will have to contend with, Deep Space Industries is clearly convinced that its plan is in the realms of the possible rather than improbable. The harvest of space is going to be the biggest industrial transformation in human history, says its website. Well just have to see if the time is ripe for that transformation to pay off.

MORE: Wanted: Mars Colonists Whod Do Really Well on Reality TV Shows

Deep Space plans on bypassing this issue by using the resources it mines in space for use in space, rather than returning it to Earth. Mining asteroids for rare metals alone isnt economical, but makes sense if you already are processing them for volatiles and bulk metals for in-space uses, said Mark Sonter, an expert in terrestrial mining projects and a member of the Deep Space board. The company have already briefed senior leaders at NASA on the possibility of fuelling in space using volatiles in the asteroids and of cutting down on the number of launches; it also claims to be in talks with an unnamed aerospace company about providing fuel for commercial satellites a market where it sees a wealth of future potential.

Deep Space is upbeat about its ability to execute this endeavor on the cheap. Its plan involves going small, using tiny, 55 lb. spacecraft called FireFlies, constructed from miniature satellite components and launched from larger commercial satellites to cut costs. By 2016, the company hopes to be sending out 70lb. DragonFlies to bring back asteroid samples weighing between 60 to 150 lbs.

Both Deep Space and Planetary Resources have their share of doubters. Beyond the questions of technical feasibility lies the issue of whether such a project could ever break even, let alone make a profit. The private space exploration industry has been flush recently with wealthy backers such as SpaceXs Elon Musk and Miscrosofts Paul Allen. But the clear financial incentives needed to sustain broader commercial investment in space exploration have so r been lacking.

(MORE: Can James Cameron Or Anyone Mine Space?)

(MORE: Stunning Footage of an Alien Planet: Earth)

The vast resources of the asteroids will be necessary to the future of mankind. I just hope we survive as a technological species long enough to be able to make use of them.

This is perhaps why asteroid mining presents such a tantalizing opportunity. There are nearly 9,000 documented near-earth asteroids and likely tens of thousands more within striking distance from earth, believed to contain a wealth of mineral riches including platinum, gold and rare-earth minerals. The only problem is figuring out a financially feasible method of extracting these minerals and returning them to Earth.

If you can dream it, you can be it. So go the opening remarks on the website of Deep Space Industries, a newly established space exploration company which announced at a Tuesday press conference that it plans on creating the worlds first fleet of commercial asteroid-mining spacecraft.

(MORE: Elon Musk, the Man Whos Leading Americas Charge Back to Space)

(MORE: Explosions in the Sky: The Cygnus Loop Nebula)

This sounds great but the one and only thing I am skeptical about is actually doing it. So many times everyone has been teased with ideas but they ll short. From what I have heard is that all the investors are one the same page and all committed to the project and that may be the final decision in which our government lls short when it comes to concept space projects. Word to them all, Lets start living up to these ideas and not worry about present cost, in the end, the profit will outweigh the initigoogle satellite Deep Space Industries the Company that Wants to Mine Spaceal cost.

While it sounds like something out of a plot of a science fiction movie, the move by the California-based company to get involved in the asteroid-mining business reflects a similar one made by another group, Planetary Resources, back in April 2012. Planetary Resources happen to have the support of some very wealthy and influential backers, including Google founders Larry Page and Eric Schmidt, Texan billionaire Ross Perot Jr. and Silicon Valley venture capitalist Ram Shriram. (In keeping with the science fiction theme, Online Education Avatar director James Cameron is also an advisor.)

The companys business plan is predicated on leveraging partnerships, licensing and sub-contracting, enticing brands that are already sponsoring space adventures, such as Red Bull and Google, to invest once the FireFly spacecraft serve as Deep Space Industries proof of concept.

Commodity analysts have also questioned whether mining would be worth the cost. According to calculations by Barclays and the Financial Times commodities teams in 2012, gold, for example which currently trades at around $1,700 an ounce, would have to trade at $518 million per ounce for asteroid-gold to break even on any Earth-based exchange.

05/24/2013

If you can dream it, you can be it. So go the opening remarks on the website of Deep Space Industries, a newly established space exploration company which announced at a Tuesday press conference that it plans on creating the worlds first fleet of commercial asteroid-mining spacecraft.

Deep Space is upbeat about its ability to execute this endeavor on the cheap. Its plan involves going small, using tiny, 55 lb. spacecraft called FireFlies, constructed from miniature satellite components and launched from larger commercial satellites to cut costs. By 2016, the company hopes to be sending out 70lb. DragonFlies to bring back asteroid samples weighing between 60 to 150 lbs.

Commodity analysts have also questioned whether mining would be worth the cost. According to calculations by Barclays and the Financial Times commodities teams in 2012, gold, for example which currently trades at around $1,700 an ounce, would have to trade at $518 million per ounce for asteroid-gold to break even on any Earth-based exchange.

Deep Space Industries, on the other hand, is a lesser known creature. Heading the company is David Gump, a space industry expert with previous experience handling multi-million dollar NASA contracts. Gump hopes to begin prospecting for asteroids as soon as 2015, and the company has said that by 2020 it will begin commercial operations to produce material to be used in space.

(MORE: Explosions in the Sky: The Cygnus Loop Nebula)

(MORE: Elon Musk, the Man Whos Leading Americas Charge Back to Space)

MORE: Wanted: Mars Colonists Whod Do Really Well on Reality TV Shows

Despite all the issues it will have to contend with, Deep Space Industries is clearly convinced that its plan is in the realms of the possible rather than improbable. The harvest of space is going to be the biggest industrial transformation in human history, says its website. Well just have to see if the time is ripe for that transformation to pay off.

(MORE: Stunning Footage of an Alien Planet: Earth)

While it sounds like something out of a plot of a science fiction movie,The law online. the move by the California-based company to get involved in the asteroid-mining business reflects a similar one made by another group, Planetary Resources, back in April 2012. Planetary Resources happen to have the support of some very wealthy and influential backers, including Google founders Larry Page and Eric Schmidt, Texan billionaire Ross Perot Jr. and Silicon Valley venture capitalist Ram Shriram. (In keeping with the science fiction theme, Avatar director James Cameron is also an advisor.)

(MORE: Can James Cameron Or Anyone Mine Space?)

Deep Space plans on bypassing this issue by using the resources it mines in space for use in space, rather than returning it to Earth. Mining asteroids for rare metals alone isnt economical, but makes sense if you already are processing them for volatiles and bulk metals for in-space uses, said Mark Sonter, an expert in terrestrial mining projects and a member of the Deep Space board. The company have already briefed senior leaders at NASA on the possibility of fuelling in space using volatiles in the asteroids and of cutting down on the number of launches; it also claims to be in talks with an unnamed aerospace company about providing fuel for commercial satellites a market where it sees a wealth of future potential.

The vast resources of the asteroids will be necessary to the future of mankind. I just hope we survive as a technological species long enough to be able to make use of them.

That is, however, a significant problem. A 2011 report by the Keck Institute for Space Studies concluded that more than $2.5 billion would need to be spent to retrieve just a single 500-ton asteroid.

The companys business plan is predicated on leveraging partnerships, Insurance knowledge licensing and sub-contracting, enticing brands that are already sponsoring space adventures, such as Red Bull and Google, to invest once the FireFly spacecraft serve as Deep Space Industries proof of concept.

This sounds great but the one and only thing I am skeptical about is actually doing it. So many times everyone has been teased with ideas but they ll short. From what I have heard is that all the investors are one the same page and all committed to the project and that may be the final decision in which our government lls short when it comes to concept space projects. Word to them all, Lets start living up to these ideas and not worry about present cost, in the end, the profit will outweigh the initial cost.

Both Deep Space and Planetary Resources have their share of doubters. Beyond the questions of technical feasibility lies the issue of whether such a project could ever break even, let alone make a profit. The private space exploration industry has been flush recently with wealthy backers such as SpaceXs Elon Musk and Miscrosofts Paul Allen. But the clear financial incentives needed to sustain broader commercial investment in space exploration have so r been lacking.

This is perhaps why asteroid mining presents such a tantalizing opportunity. There are nearly 9,000 documented near-earth asteroids and likely tens of thousands more within striking distance from earth, believed to contain a wealth of mineral riches including platinum, gold and rare-earth minerals. The only problem is figuring out a financially feasigoogle satellite Deep Space Industries the Company that Wants to Mine Spaceble method of extracting these minerals and returning them to Earth.

02/13/2013

The business plan is to approach brand or investors that have a vested interest in exploring the potential gains to be achieved by deep space mining, with the firm confident that its concept will stand up to rigorous examination. NASA has already documented up to 9,000 near-earth asteroids, many of which are believed to be abundant in materials such as platinum and gold, but with some studies showing that it would cost $2.5 billion to harvest just one 500-ton rock, the question of finance is once again at the top of the agenda.

Potential gains

It may not yet be the trendiest occupation in the sphere of engineering research, but it appears that asteroid mining is going to be a part of the commercial space industry for some time. Less than 12 months after Planetary Resources announced its intention to search for mineral resources on the suce of cosmic rubble, a second firm has decided that off-world prospecting could be the waygoogle satellite Asteroid mining; the new black in terms of engineering tools forward.

According to the Christian Science Monitor, Deep Space Industries (DSI) will now be looking to extract metals and water from the thousands of asteroids that roam thorough the solar system on a daily basis. After Planetary Resources threw its engineering research and development hat into the ring last year, there were some questions about how feasible it would be to use established mining and manucturing techniques on materials that were not of this world.

DSI has already set out an aggressive program of asteroid exploration and potential sampling, with scientists and engineers at the California-based company confident that it can launch mining missions by the beginning of 2015, Satellite View satellite view although these are expected to be no more than the space equivalent of sitting by a river withÂ a metal pan in your hand. However, once these prospecting missions have established the process required, the company expects to undertake a sample-return mission, which could see as much as 150 pounds of material brought back to Earth for further research and study.

One potential fly in the ointment comes in the funding of the project. According to Time magazine, DSI is still somewhat of an unknown entity, as opposed to Planetary Resources who have the support of backers such as the founding members of Google and the billionaire Ross Perot. DSI does not appear to have such deep pockets, and there is some concern as to whether asteroid mining on the cheap will be a viable economic prospect.

A solar-system-wide economy could kickstart research and development of the technologies that will allow us to engage in interstellar flight, said Richard Obousy, president of Icarus Interstellar, a nonprofit group devoted to pursuing interstellar space flight,Benefits Of Employ A Professional Translator. in an interview with Space.com. If we can become a civilization that has vast resources at its disposal - orders of magnitude more than we have today, as a product of space exploration, space mining and the solar-system-wide economy - then we may reach a stage where an interstellar mission doesnt actually cost us that much in the bigger scheme of the gross domestic product of the solar system.

DSI has already compared its vision of space mining and discovery as the 21st century version of the Lewis and Clark Expedition, which saw a flow of settlers and shopkeepers heading into this latest frontier, a claim that has drawn interested glances from others involved in the industry. The company will be utilizing tiny spacecraft, nicknamed FireFlies, that will be built from miniature satellite components and will weigh up to 55 pounds. If everything goes to plan, the next step will be the bulkier DragonFlies, larger craft that will bring back actual asteroid samples.

Mr. Schmidt has not revealed the reasons behind his trip to North Korea. Google is only describing the trip as personal travel. On the trip with him was former New Mexico Governor Bill Richardson.

Hot on the heels of Google Executive Chairman Eric Schmidts trip to North Korea, human rights activist groups have taken to Google Earth to expose North Korean Labor camps.

The human rights group, One Free Korea,Ways To Get Going- The Gmat Registration. has used the mostly recreational program to expose the locations of labor camps that have been discovered in North Korea.

Three of the revealed camps Stanton has been credited with discovering.

What Eric Schmidt does or does not do in Pyongyang will probably be forgotten in a few weeks.

Schmidts trip to North Korea has been heavily criticized for its timing in relation to North Koreas recent missile launch.

The good that Google has done, however inadvertently, by helping people tell the truth about North Korea, will probably be reflected in the history of the country one day.

Joshua Stanton, 2013-1-28 上午 6:36:02 a blogger for One Free Korea, spoke with RTE News about the work his group has done:

He is hoping that what he does has a greater impact. Here is an image from One Free Korea showing one of the camps:

Category:World

Richardson is open about his purpose. He is hoping to win the release of detained US tour guide Kenneth Brae. Brae has been detained since November.

02/10/2013

Heres a story so dripping in irony that would make even the sourest Stalinist smile. Google Executive Chairman Eric Schmidt visited North Korea earlier this month on a personal humanitarian mission to encourage the backwards communist state to open up. His message was that the hermit kingdom cant remain hidden in an increasingly interconnected world. But it didnt require Schmidt visiting North Korea to make that point. One of his companys own apps did it for him.

Dr Tim Stanley is a historian of the United States. His biography of Pat Buchanan is out now. His personal website is and you can follow him on Twitter @tiNorth Koreas labour camps can now be seen from space thanks to Eric Schmidt and Google Earthmothy_stanley.

Rand Paul to Hillary Clinton: I wouldve sacked you over Benghazi. Are these the first shots of 2016?

But, on the other hand, the more that North Korea accepts the need to open up then the more the light shines on this abominable regime. Its interesting to learn from Eric Schmidts daughter that Kim Jong-Ils vourite computer was a MacBook Pro but one suspects it took the entire countrys P to buy it. Look beyond the funny uniforms and Leninist catchphrases and you have nothing less than a giant death cult underpinning a regime that would sooner allow its own people to starve than to reform. Its a stain on humanity that the Democratic Republic still exists.

Website of the Telegraph Media Group with breaking news, sport, business, latest UK and world news. Content from the Daily Telegraph and Sunday Telegraph newss and video from Telegraph TV.

Human rights campaigners have used Google Earth to identify previously hidden labour camps within North Korea. A blogger has pulled together images of guard houses, burial grounds and mines and corroborated their purpose through interviews with former political prisoners. Aside from a blog, a study has been published called Hidden Gulag that pays this tribute to Mr Schmidts app: The dramatically improved,special education. higher resolution satellite imagery now available through Google Earth allows the former prisoners to identify their former barracks and houses, their former execution grounds, satellite companies Satellite Internet Companies Helpful Information About and other landmarks in the camps. The bloggers have also used Google Earth to identify other landmarks in an effort to produce a broader, more complex portrait of North Korean society. For example, its scinating to discover that Pyongyang has a Mosque. A Starbucks hasnt been spotted yet, but give it time.

Even Kims North Korea cant remain hidden from the eye of Google Earth

Of course, the whole story is also an excellent advert for Google Earth. Had the bloggers used the erratic Apple Maps to find the labour camps, wed be looking at photos of Piccadilly Circus right now

But most of all the project demonstrates how hard its becoming for governments to keep secrets from the rest of the world. On the one hand, we have Kim Jong-Uns surprisingly effective PR campaign to distance himself from his thers crusty image showing off his girlfriend, smiling at children, not having hair like a bad Elvis impersonator etc. And the North Koreans have pushed their technological research to its limits by putting a satellite in to space (its amazing what you can do with a Pepsi can, some glitter and a very large elastic band).

The whole project is a triumph of humanitarianism meets computer nerditry proving that the internet neednt all be about cute kittens and Thai . One of the bloggers, Curtis Melvin, has an unfinished doctorate in North Koreas monetary system and boasts that, Make India Developed Through Quality Education Ive also been watching North Korean television literally every day for about three years. I bet his mother is proud.

02/07/2013

Cook said that people are using Maps significantly more than they were before iOS 6, which added Apples controversial mapping software and replaced Google. Nonetheless, theres room for improvement, Cook admitted. He said well keep on working on this and added that the company planned to roll out more improvements during the rest of the year.

Cook publicly apologized for the softwares shortcomings last September, special educationAdult Education Programs adult education program roughly a week after it was released to consumers, saying we are extremely sorry for the frustration it caused. Some of those frustrations include missing or inaccurate locations, low quality satellite imagery in densely populated areas, and cosmetic issues with its 3D flyover feature.

Apple says its already made a number of fixes and improvements to its error-ridden Maps software, special education and has more improvements coming throughout 2013.

Travel to Motor City with the CNET Car Tech team to check out the best and worst of the new crop of cars.

Apple offered some minor details on how its beefing up its troubled Maps app, which became a running joke last year for misplacing landmarks, skewing landscapes and misleading travelers.

Weve made a number of improvements to Maps, Apple CEO Tim Cook told Wall Street analysts durgoogle satellite Apple Some Maps fixes out already more this yearing the companys first quarter earnings call this afternoon. Some of those include improved satellite and flyover imagery as well as local information for businesses, aduedu2410.typepad.com he said.

Josh LowensohnJosh Lowensohn joined CNET in 2006 and covers everything Apple. Before that, Josh wrote about new Web startups, video games, and remote-controlled robots that watch your house. When not attempting experimental pizza recipes, Josh is an avid photographer.

02/06/2013

Travel to Motor City with the CNET Car Tech team to check out the best and worst of the new crop of cars.

Using its GeoEye-1 and IKONOS satellites positioned 423 miles above the Earth, the company tried and iled -- due to clouds -- on two separate attempts to capture the image of the inauguration,college education. a GeoEye representative told CNET. GeoEye planned to release an interactive map of the ceremony with a built-in zoom and a slider that would have let the user compare this years image to the one captured four years ago. Feel free to zoom around in the 2009 Inauguration image embedded below.

A nighttime shot of Washington, D.C. taken on January 19.

For those who just cant accept the bad news from GeoEye, Canadian astronaut Chris Hadfield snapped an image (seen above) of an illuminated Washington, D.C. several days before the inauguration. The day before the event,children education. astronauts aboard the International Space Station captured a picture (seen below) of the greater National Mall area.

Hoping to see a space shot of President Barack Obamas inauguration? Unfortunately, the weather ruined any opportunity at a good image, but astronauts snapped some relevant pictures to whet your whistle.

Christopher MacManusCrave freelancer Christopher MacManus is now investing his energy writing for CNET after covering the Sony brand on various Web sites of his own for nearly a decade. In his free time, he enjoys cycling, FPS gaming, and his miniature Australian shepherd.

This detailed view shows the Potomac River and its bridges at left, with National Mall at the center, education fund stretching eastward from the Lincoln Memorial to the Washington Monument toward the Capitol building, where the inaugural ceremony will be held, NASA officials said in a statement.

In 2009, GeoEye released a satellite image of Obamas first Inauguration that clearly revealed the hundreds of thousands of people who attended the landmark event, which takes place on the West Front of the U.S. Capitol Building in Washington, D.C.

02/04/2013

SANTA MONICA, California, January 23, 2013 (ENS) A second corporation has joined the race to mine the asteroids that pass near the Earth for resources such as the platinum group metals. There are over 1,500 asteroids that can be reached as easily as the Moon, the would-be miners say.

Starting in 2016, Deep Space plans to begin launching larger spacecraft,aduedu736.typepad.com. 70-pound DragonFlies, for round-trip visits to asteroids that bring samples back to Earth. The DragonFly expeditions will take two to four years, depending on the target, and they will be designed to return with 60 to 150 pounds of material.

Gump says bringing back asteroid materials is only a step on the way to much bigger things for Deep Space. The company has a patent-pending technology called the MicroGravity Foundry to transform raw asteroid material into complex metal parts.

Turning asteroids into propellant and building materials damages no ecospheres since they are lifeless rocks left over from the formation of the solar system, said Mark Sonter, a member of the Deep Space Board of Directors.

The MicroGravity Foundry is the first 3D printer that creates high-density high-strength metal components even in zero gravity, said Stephen Covey, a Deep Space co-founder and inventor of the process. Other metal 3D printers sinter powdered metal, which requires a gravity field and leaves a porous structure, or they use low-melting point metals with less strength.

The FireFly spacecraft utilize low-cost CubeSat components and get discounted delivery to space by ride-sharing on the launch of larger communications satellites.

Deep Space Industries, based in Santa Monica, said Monday it will send a fleet of asteroid-prospecting spacecraft out into the solar system beginning in 2015.

Many of the scarce metals and minerals on Earth are in near-infinite quantities in space. As access to these materials increases, not only will the cost of everything from microelectronics to energy storage be reduced, but new applications for these abundant elements will result in important and novel applications, said Peter Diamandis, MD, co-founder and co-chairman of Planetary Resources.

Both companies plan to involve the public, offering opportunities to share launch viewing, for instance and, special education of course, the opportunity to invest.

In a decade, Deep Space hopes to be harvesting asteroids for metals and other building materials to construct large communications platforms that would replace communications satellites, and later, solar power stations to beam carbon-free energy to consumers on Earth.

In September 2012, the NASA Institute for Advanced Concepts announced the Robotic Asteroid Prospector project, which will examine and evaluate the feasibility of asteroid mining in terms of means, methods, and systems.

The Google Lunar X Prize, Unilever, and Red Bull each are spending tens of millions of dollars on space sponsorships, so the opportunity to sponsor a FireFly expedition into deep space will be enticing, said Deep Space CEO David Gump, who produced the first TV commercial shot on the International Space Station for RadioShack.

Deep Space plans to launch the first Fireflies in 2015, sending the 55 pound spacecraft on journeys of two to six months.

Accessing water resources in space will revolutionize exploration and make space travel dramatically more economical, say the Planetary Resources executives.

An upcoming NASA mission, OSIRIS-REx, to return just 60 grams (two ounces) of material from an asteroid to Earth will cost about $1 billion.

The other, Planetary Resources, Inc. announced its proposals last April. Based in Seattle, Planetary Resources is backed by Googles co-founder billionaires and Ross Perot, Jr.

called planets.

Both companies plan to utilize CubeSats cubes as small as a 10cm per sidgoogle satellite Asteroid Miners in a Race for Rare Metalse and 2.2 pounds in mass developed about 10 years ago at California Polytechnic State University and Stanford to standardize getting university payloads into space.

We will only be visitors in space until we learn how to live off the land there, said Tumlinson. This is the Deep Space mission to find, harvest and process the resources of space to help save our civilization and support the expansion of humanity beyond the Earth and doing so in a step by step manner that leverages off our space legacy to create an amazing and hopeful future for humanity.

NASAs Dawn spacecraft obtained this image with its framing camera on July 17, 2011. It was taken from a distance of about 9,500 miles (15,000 km) away from the asteroid Vesta. (Image courtesy NASA)

Tumlinson has a history of firsts in space. He signed up the worlds first space tourist, led the team that took over the Mir space station, was a Founding Trustee of the X Prize, and Founded Orbital Outfitters, the worlds first commercial space suit company.

Each of Planetary Resources Arkyd 100 spacecraft, currently in development, will be able to host and deploy a CubeSat payload.

Planetary Resources is now at work on Leo, the first private space telescope. Planned for low Earth orbit, it is to be a stepping-stone to the near-Earth asteroids.

For now, Tumlinson says Deep Space will build a small fleet of Firefly spacecraft using innovative miniature technologies.

But his is not the first asteroid-mining commercial venture.

Mars missions would be safer with a MicroGravity Foundry on board to print replacements for broken parts, or to create brand new parts invented after the expedition was on its way, the Deep Space executives say.

Deep Space Chairman Rick Tumlinson said, Using low cost technologies, and combining the legacy of our space program with the innovation of todays young high tech geniuses, we will do things that would have been impossible just a few years ago.

The MicroGravity Foundry is a 3D printer that uses lasers to draw patterns in a nickel-charged gas medium, causing the nickel to be deposited in precise patterns.

A single 500-meter platinum-rich asteroid contains the equivalent of all the platinum group metals ever mined on Earth.

Mars missions would require fewer launches if the fuel produced from the volatile materials in asteroids were added in space.

Water is perhaps the most valuable resource in space, said Eric Anderson, Planetary Resources co-founder and co-chairman. Accessing a water-rich asteroid will greatly enable the large-scale exploration of the solar system. In addition to supporting life, water will also be separated into oxygen and hydrogen for breathable air and rocket propellant.

My smartphone has more computing power than they had on the Apollo moon missions, he said. We can make amazing machines smaller, cheaper, and ster than ever before. Imagine a production line of FireFlies, cocked and loaded and ready to fly out to examine any object that gets near the Earth.

Mining asteroids for rare metals alone isnt economical, but makes sense if you already are processing them for volatiles and bulk metals for in-space uses, said Sonter.

The public will participate in FireFly and DragonFly missions via live feeds from Mission Control, online courses in asteroid mining sponsored by corporate marketers, and other innovative ways to open the doors wide, he said.

Deep Space is already exploring the production of fuel for communications satellites. Low-cost asteroid propellant delivered in orbit to these satellites will extend their working lifetimes, with each extra month worth $5 million to $8 million per satellite, the company estimates.

Quantum fluctuations in science, space and society, from quarks to Hubble and Mars. Served up by Alan Boyle, NBC News Digital science editor. E-mail Alan, or connect via Facebook, Twitter or Google+.

Another potentially profitable line of business would be to turn water and other material from asteroids into fuel for filling up the propellant tanks of existing communication satellites, thus extending their lives. Gump said Deep Space was discussing the concept with a major satellite operator that was intrigued by the idea.

We have some investors on board, the companys CEO, David Gump, told journalists during Tuesdays briefing at Californias Santa Monica Museum of Flying, and one reason for having this press conference is to become findable by additional investors.

One potential customer is NASA, which might be interested in purchasing the data gathered by Deep Spaces asteroid-hunting probes. NASA struck just such a data-purchase plan with some of the teams competing for the Google Lunar X Prize, which is aimed at encouraging the development of private-sector moon rovers.

John Mankins, Deep Spaces chief technical officer, said the spacecraft concepts relied on existing technology. You dont see any magic, he said. You dont see any space elevators, you dont see any [artificial] gravity, you dont see any warp drive.

Planetary Resources president, Chris Lewicki, said this week that the company was extraordinarily busy with the task of building prototypes at its Seattle-area manucturing cility. In contrast,3 Reasons N Korea Canât Nuke the US (Yet satellite view. Tumlinson said Deep Space Industries had not yet determined where its spacecraft would be built. Literally, we are looking for somebody who wants to make a good offer to have this kind of budding industry there, he said.

There are 2 to 3 million near-Earth asteroids, Gump said. Theres room for everyone to prosper, I think.

Alan Boyles first book tells the story of Plutos ups and downs as well as the discoveries of other dwarf planets in our own solar system and even more alien worlds beyond. Buy The Case for Pluto ...

Deep Spaces development plan calls for launching three of its Cubesat-based reconnaissance satellites, known as FireFlies, as piggyback payloads on a yet-to-be-determined launch vehicle in 2015. Those 25-kilogram (55-pound) spacecraft would go on six-month, one-way missions to scout out near-Earth asteroids. In 2016, a 32-kilogram (70-pound) DragonFly probe would take on the first three- to four-year mission to bring up to 45 kilograms (100 pounds) of asteroid samples back to Earth.

Both companies are betting that the resources from asteroids will be valuable enough to go after in the next decade. Its entirely possible that both companies will lose that bet, particularly if space travel doesnt take off the way they expect. But if the bets pay off, both companies could be winners.

The journey of a million miles begins with a business plan that closes in the next few years, said Gump, who previously has been involved in space ventures such as LunaCorp (which proposed sending rovers to the moon), Transformational Space Corp. (which was an early competitor in NASAs space commercialization effort) and Astrobotic (which is one of the teams competing for the Google Lunar X Prize).

The event gave Gump and his partners a chance to lay out their vision for new in-space industries, ranging from asteroid reconnaissance to solar-power satellites and space settlement. However, they provided few details about their financial backers or their customers.

Alan Boyle is NBCNews.coms science editor. Connect with the Cosmic Log community by liking the logs Facebook page,February
1 2013. following @b0yle on Twitter and adding the Cosmic Log page to your Google+ presence. To keep up with Cosmic Log as well as NBCNews.coms other stories about science and space, sign up for the Tech & Science newsletter, delivered to your email in-box every weekday. You can also check out The Case for Pluto, my book about the controversial dwarf planet and the search for new worlds.

Alan Boyle, Science Editor, NBC NewsScience editor at msnbc.com, author of The Case for Pluto, winner of the National Academies Communication Award for Cosmic Log in 2008. Alan Boyle covers the physical sciences, anthropology, technological innovation and space science and exploration for msnbc.com. Check out Cosmic Logs archives by following the links below, and see Boyles full biography at

Will Deep Spaces business plan take off? That was the big question hanging in the air after Tuesdays briefing. Planetary Resources, another commercial venture that was unveiled less than a year ago, has a business plan thats comparable to that proposed by Deep Space Industries. It also has an impressive list of billionaire investors, including Googles Eric Schmidt and Larry Page. If Planetary Resources holds to its previously announced schedule, its first prototype space telescope could be launched as early as next year.

Gump said he and other executives met with space agency officials to discuss Deep Spaces plans to launch fleets of low-cost asteroid probes as early as 2015. We found a great hunger for the idea that weDeep Space Industries lofty asteroid ambitions ce high financial hurdles? google satellite can get space missions done for a much lower cost, he said. Such data could help the space agency fine-tune its plans to send astronauts to an asteroid in the mid-2020s.

Concept art shows a version of Deep Space Industries Harvestor extracting materials from an asteroid.

Update for 2:10 p.m. ET Jan. 23: Planetary Resources emailed this comment from Lewicki, welcoming the newest member of the asteroid-hunting club: Deep Space Industries also sees the importance of accessing and utilizing the resources of space. Asteroid mining will open a trillion-dollar industry and provide a near-infinite supply of space-based resources to support our growth both on this planet and off.

Gump said commercial in-space processing could begin as early as 2020, cilitated by Harvestor spacecraft capable of bringing hundreds of tons of material back to Earth orbit. An industrial type of 3-D printer could turn the ground-up metal from an iron-nickel asteroid into tools and spacecraft components. More precious metals such as gold or platinum could be shipped down to Earth.

Follow @CosmicLogIn addition to the selling the data and the more substantial products generated by asteroid missions,Public Record Information On Recorded Vermont Files. Deep Space could bring in money through corporate sponsorships and branding, as well as extras such as VIP access to a launch site or mission control center, Gump said.

Gump said the price tag for the first three-probe mission to a near-Earth asteroid would be $20 million. If Deep Space finds a customer willing to pay that price, that would bring in a good profit, said the companys board chairman, veteran space activist Rick Tumlinson.

An artists conception shows a version of Deep Space Industries DragonFly spacecraft grabbing a rock sample from an asteroid for return to Earth.

Deep Space Industries backers say that their newly revealed plan to seek out and dig into near-Earth asteroids has already attracted interest and investors but they also admit theyre looking for much more.

01/29/2013

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